Sydney Lord Mayor Clover Moore welcomed the Governor of Hubei Provincial Government, Mr Wang Guosheng, and a delegation of visiting officials to Sydney Town Hall today.
The Governor and the Lord Mayor were joined by His Excellency Li Huaxin, Consul General of People's Republic of China, and Vice Consul Mr Zhang Peng.
Hubei, located in central China, is home to more than 60 million people and has more than 17 large cities. Hubei's capital, Wuhan, is a city of more than 11 million people.
The official visit comes in the same week as the City hosted the Sydney China Business Forum, and President of the People's Republic of China, Xi Jinping, agreed to an historic Free Trade Agreement with Australia.
Lord Mayor Clover Moore said the visit by Hubei's Governor was an opportunity to strengthen the connections between Sydney and China.
"It was a great honour to host the Governor, Consul-General and Vice Consul in Sydney Town Hall.
"Our ongoing engagement in Asia, particularly with China, is essential to maintaining Sydney's global competitiveness and international standing.
"As Australia's financial capital and global city, Sydney is the headquarters of 40 per cent of the top 500 Australian companies. Over one-fifth of all Australian employment in financial and insurances services is found in the City of Sydney.
"Most global banks and financial institutions operating in Australia have headquarters or offices in central Sydney, and China's top five commercial banks are all located here. Sydney's new status as a trading centre for renminbi will bolster our position as a financial power.
"A closer financial relationship between our two countries presents enormous opportunities. But our relationship is about more than economic ties. It also extends to civic, social, educational, cultural and environmental links.
"During my recent visit to China, I was particularly inspired by the strong progress China is making to reduce greenhouse gas emissions. I welcome the new ambitious emissions reduction targets announced recently between China and the United States.
"This meeting was an opportunity to talk about how Sydney may contribute to this work, as well as other ways to connect with Hubei."
In May this year the Lord Mayor signed a Memorandum of Understanding with the Mayor of Wuhan, Mr Tang Liangzhi, agreeing to establish a Friendship City agreement with our City.
While in Wuhan the Lord Mayor also met with the Vice Governor of Hubei, Madame Zhang Daili. In June Madame Zhang was also welcomed to Sydney Town Hall when she visited Sydney as part of a trade delegation to Australia.
Lord Mayor Clover Moore said the City of Sydney would continue to invest in local and international initiatives to build on the prosperous and sustainable relationship between Sydney and China.